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This Business has been Sold!
Closing Date: 02/22/2010
Broker: David Cohen
Business for Sale Summary

Convenience Store with All New Equipment - 15029

Business Type: must sell/drastic price reduction!,convenience store,other food stores
Sold
Convenience Store with All New Equipment
On February 22nd 2010, The Undersigned
Acted as the Advisor to the Deal
David Cohen
David Cohen Senior Broker
Servicing: All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $60,000 Down Payment $60,000
Gross Revenues $267,800 Lease Remaining Register Free to View
Owner’s Cash Flow $51,690 Number of FT Employees Register Free to View

Financing

$60,000 Down and Seller is looking for a cash deal,but willing to offer financing, may finance inventory valued at approx $30k if buyer has excellent credit.

Business Description

Convenience Store for sale on high traffic road in the center of town. Highly motivated seller. Convenience items sales of $240k/yr, Lottery commissions of $30k/yr, ATM commission of $3k/yr. New POS system with scanner. Cash flow for this business is over $45,000 as it stands right now. Was closed for about one year and was re-opened 6 months ago. Possibility of adding beer/wine, and T passes to this all new equipment convenience store. Check it out, this won't last long!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.